Comment by lolinder

I don't think they'd do it overnight, but I can absolutely see them locking future registrations and setting an expiration date.

They might get enough complaints that they have to keep extending that date indefinitely. And they might not choose to do it at all in this case. But they've been very clear over the years what ccTLDs are supposed to be for, and their first instinct will be to preserve the integrity of the naming system as designed, not to preserve startups who bet on them ignoring their own rules.